A bill to amend the Internal Revenue Code of 1986 to increase from 70 1/2 to 72 1/2 the age at which an individual is required to begin receiving distributions from individual retirement accounts and annuities, and for other purposes.

Summary

Amends the Internal Revenue Code to increase from 70 1/2 to 72 1/2 the age: (1) until which deductions will be allowed for qualified retirement contributions for the benefit of an individual; and (2) at which an individual is required to begin receiving distributions from individual retirement accounts and annuities.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 27 January 1987

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 27 January 1987

   Introduced

   Introduced in House

   Source: IntroReferral

3. 27 January 1987

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 27 January 1987

  Open at official source

Sponsors

• Rep. Brown, Hank [R-CO-4] · R · Sponsor
• Rep. Bateman, Herbert H. [R-VA-1] · R · Sponsor
• · hswm00 · Standing

Related records

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